Labor Economics (339-0-20)
Instructors
Sara Hernandez-Saborit
Meeting Info
Frances Searle Building 1421: Tues, Thurs 9:30AM - 10:50AM
Location of Midterm TBD: Thurs 6:30PM - 8:30PM
Location of Midterm TBD: Thurs 6:30PM - 8:30PM
Overview of class
In this course, we will study the many different facets of labor economics. We will look into the economic decisions that individuals, households, firms, and governments face in relationship to the labor markets. The topics we will cover include, among others: the decision to participate in the labor market, the tradeoff between labor and leisure, the demand for labor by firms, the impact of minimum wages, labor mobility, human capital acquisition, discrimination, and the link between labor markets and crime. The class will put an emphasis on applied microeconomic theory and empirical analysis. For each topic, we will study concrete examples emanating from all over the world, and make an intensive use of statistics. We are also very much interested in understanding the relationship between research and public policy.
Registration Requirements
ECON 281-0, ECON 310-1, ECON 310-2, ECON 311-0. To do well in this class, you should be well acquainted with univariate and multivariate calculus, statistics, and regression analysis: this class takes an approach to economics that is mathematical. You will also need a very good command of introductory micro since we will use and incorporate a lot of models from consumer behavior (I recommend you brush up your notes from 310-1, and 202 as needed).
Learning Objectives
The goal of this course is to give the student the ability to critically evaluate both the literature on labor issues and related policy debates, and to apply concepts learned through class assignments to real-world settings.
Class Materials (Required)
None
Class Materials (Suggested)
N/A
Enrollment Requirements
Enrollment Requirements: Pre-requisite: Students must have taken ECON 310-1 or MMSS 211-1 and ECON 281 or ECON 381-1 or MATH 386-1 or IEMS 304 or STAT 350 to successfully enroll in this course.
Associated Classes
DIS - Annenberg Hall G21: Fri 10:00AM - 10:50AM